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CFO Moves – week ending January 10, 2020
Posted on January 13, 2020 Written by Dergel CFO Admin Leave a Comment
CFO Moves this week include:
Oshkosh Corporation Guidewire Software, Inc. Impinj, Inc.
Atrium Hospitality Flowserve Corporation VirtualHealth
ASRC Industrial Paxxal Inc. ivWatch
Ironshore Pharmaceuticals Inc. Aramark AVEO Oncology
Gannett Co., Inc. ECC Examity
The Columbus Organization Smith Land & Improvement Corporation Relmada Therapeutics, Inc.
Varsity Brands Peabody COMSovereign Holding Corp.
Chico's FAS, Inc. Alaska Air Group TI Fluid Systems
Maxeon Solar Technologies Cumulus Media Inc. BBQ Holdings, Inc.
Party City Holdco Inc. NexImmune, Inc. Prime Capital Investment Advisors
Zageno Sprouts Farmers Market Saia, Inc.
Perceptron, Inc. Vyome Therapeutics Inc. Blucora, Inc.
Mercy College HealthcareSource® LRES Corporation
Abott Laboratories ALX Oncology Diversey
Prime Therapeutics LLC Barings ArcherDX, Inc.
WatchGuard Technologies, Inc. Kubient Bright Health
RealNetworks, Inc. NetSTREIT
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CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.
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Oshkosh Corporation [OSHKOSH, WI] (NYSE: OSK) announced that David M. Sagehorn, who has served the Company for two decades, including 12 years as Chief Financial Officer, has decided to retire effective April 3, 2020. Sagehorn will serve as an external advisor for a year after his retirement date to ensure a smooth transition. Michael E. Pack, Vice President of Finance in the Fire & Emergency segment at Oshkosh, will succeed Sagehorn as Executive Vice President and Chief Financial Officer. Pack has served as Vice President of Finance in Oshkosh's Fire & Emergency segment since 2012. Pack has been with the Company since 2006 and has held finance roles of increasing responsibility with the Fire & Emergency, Access Equipment, Commercial and Corporate teams. Prior to joining Oshkosh, he was a Senior Audit Manager at Grant Thornton.
Guidewire Software, Inc. [SAN MATEO, CA] (NYSE: GWRE) announced that Chief Financial Officer, Curtis Smith is resigning for personal reasons. Smith is transitioning into a consulting role with the company effective in March 2020.
Impinj, Inc. [SEATTLE] (NASDAQ: PI) announced that Cary Baker will join the company as Chief Financial Officer effective February 17, 2020. Baker comes to Impinj from RealNetworks, where he had been Chief Financial Officer and Treasurer since 2017. Prior to RealNetworks Baker served as CFO of HEAT Software, as CFO of NetMotion Software, and as VP of Finance with Clearwire Corporation. Baker's earlier experience includes financial leadership roles at Boost Mobile and Sprint Corporation.
Chris Dunne
Atrium Hospitality [ALPHARETTA, GA] announced the appointment of Chris Dunne to chief financial officer (CFO). Dunne worked for InterContinental Hotels Group (IHG) for more than 18 years with his most recent role being the vice president operations finance, Americas for IHG in Atlanta, Georgia. Prior to joining IHG in 2000, Chris started his career with Bristol Hotels & Resorts working in a variety of positions.
Amy B. Schwetz
Flowserve Corporation [DALLAS] (NYSE: FLS) announced that Amy B. Schwetz has been appointed senior vice president and chief financial officer, effective February 24, 2020. Schwetz joins Flowserve having been the executive vice president and chief financial officer at Peabody. Throughout her 14-year career at Peabody, she served in roles of increasing responsibility including vice president, capital and financial planning; vice president, investor relations; senior vice president finance – Australia; and for the past four years, chief financial officer. Prior to her tenure at Peabody, Schwetz spent eight years in various roles at Ernst & Young. Schwetz serves on the Board of Directors for Dril-Quip, Inc.
VirtualHealth [NEW YORK] announced the promotion of Tomer Benami to Chief Financial Officer (CFO). Benami was hired as VirtualHealth's Vice President of Finance in 2016 and was subsequently promoted to Senior Vice President of Finance. Previously, Benami was employed by Apploi. Before that, he spent several years within the accounting practice at KPMG.
Tony Spagnola
ASRC Industrial (AIS) [CONCORD, CA] announced the addition of Tony Spagnola as Senior Vice President – Chief Financial Officer. Spagnola joins AIS from RGP where he served as a business consultant. Prior to RGP, Spagnola held senior operational and financial leadership roles with Mastec Utility Services, Quanta Power and SelectBuild Mid-Atlantic. Previous Spagnola worked in the consulting practices of both Deloitte and PwC.
Paxxal Inc. [NOBLESVILLE, IN] announced the appointment of Jeffrey M. Barlow as Chief Financial Officer. Barlow most recently served as a Founding Partner at Brigadier Consulting Group. Previously, Barlow was a Principal at Norbridge Inc., and also worked for The Avicon Group and PricewaterhouseCoopers.
ivWatch [NEWPORT NEWS, VA] announced the appointment of Teresa (Terry) Blevins as Chief Financial Officer. Blevins most recently served as the Interim CFO at Psionic Lidar. Prior to that, she served as CFO of Landmark Media Enterprises. She has held additional leadership roles in manufacturing with several Fortune 500 companies such as General Electric and Borg Warner.
Ironshore Pharmaceuticals Inc. [RESEARCH TRIANGLE PARK, NC], a wholly owned subsidiary of Highland Therapeutics Inc., announced the appointment of Dave Lemus as Chief Financial Officer. Lemus has held several Executive Management roles including Chief Executive Officer, Chief Operating Officer and Chief Financial Officer. Lemus has also held Non-Executive Board roles in private and publicly traded companies in both Europe and North America.
Tom Ondrof
Aramark [PHILADELPHIA] (NYSE: ARMK) announced that Thomas Ondrof joined the Company as Executive Vice President, Chief Financial Officer, succeeding Steve Bramlage who will remain with the Company until April 3, 2020 in the role of Executive Advisor to assist in this transition. Ondrof previously served as Chief Financial Officer with Performance Food Group. Prior to PFG, Ondrof spent 24 years at Compass Group North America, where he served in a variety of financial and business development leadership roles, including Chief Development Officer, Chief Strategy Officer and Chief Financial Officer. Prior to his time at Compass, Ondrof worked in planning and development at ITT Rayonier. He began his career as an auditor with PricewaterhouseCoopers.
AVEO Oncology [CAMBRIDGE, MA] (NASDAQ: AVEO) announced the appointment of Erick Lucera as chief financial officer. He most recently served as chief financial officer of Valeritas. Prior to Valeritas, Lucera served as the chief financial officer, treasurer, and secretary of Viventia Bio (acquired by Eleven Biotherapeutics, Inc., now Sesen Bio). He also previously served as vice president, corporate development at Aratana Therapeutics. Previously, Lucera was vice president, corporate development at Sunshine Heart (now CHF Solution). Prior to Sunshine Heart, Lucera spent over 15 years in investment management as a healthcare analyst at Eaton Vance, the portfolio manager of the Triathlon Life Sciences Fund at Intrepid Capital, and as head of the healthcare research team at Independence Investments. He began his career as a staff auditor and accountant at Price Waterhouse & Co. (now PwC).
Gannett Co., Inc. [MCLEAN, VA] (NYSE: GCI) announced that Alison (Ali) K. Engel, Chief Financial Officer, will depart the Company at the end of the first quarter to pursue other opportunities. Mark Maring, current Treasurer of Gannett, is expected to lead the finance function on an interim basis after Ms. Engel's departure. Maring had most recently served as the Treasurer of GateHouse Media for 10 years prior to the merger.
ECC [BURLINGAME, CA] announced that Bradley Graham joined our company as Chief Financial Officer (CFO). Graham held positions as Vice President of Controller and Vice President of Financial Operations at DynCorp International; and as Vice President of Operational Finance and Corporate Controller at Granite Construction. He also served as an Auditor at Deloitte & Touche and Arthur Anderson.
Examity [NEWTON, MA] announced the appointment of Nicholas Malone as Chief Financial Officer. Malone served as CFO of Wayfair, since 2005. Malone served in leadership roles at high-growth startups and tech companies, including Siemens and Zagster.
The Columbus Organization [WAYNE, PA] appointed Mike Celano as CFO. Celano spent the first 20 years of his career in public audit and accounting, and the last 15 years since that time in the CFO role for various healthcare organizations. Additionally, Celano has served on various Boards and is currently Chairman of the Board for a medical diagnostic device company.
Dallas J. Zulli
Smith Land & Improvement Corporation [CAMP HILL, PA] appointed Dallas J. Zulli to Chief Operating Officer/Chief Financial Officer. Zulli most recently was vice president, senior commercial relationship manager with F&M Trust in the Capital Region.
Relmada Therapeutics, Inc. [NEW YORK] (NASDAQ: RLMD) announced that Maged Shenouda has been appointed the Company's new Chief Financial Officer (CFO). Relmada's current CFO, Charles Ence, will assume a new role in the expanded financial team as the Company's Chief Accounting and Compliance Officer. Most recently, Shenouda served as CFO and Executive Vice President of Corporate Development for AzurRx BioPharma. Prior to his tenure at AzurRx, Shenouda was Senior Vice President and Head of Business Development and Licensing at Retrophin, Inc. Previous to this, Shenouda spent the bulk of his career on Wall Street as an equity research analyst. He held senior level positions at UBS, JP Morgan and Stifel Nicolaus. Shenouda started his sell-side equity research career at Citigroup and Bear Stearns. Before entering Wall Street, he was a management consultant with PricewaterhouseCoopers Pharmaceutical Consulting practice and also spent time in pharmaceutical sales, having worked as a hospital representative and managed care specialist for Abbott Laboratories Pharmaceutical Products Division.
Varsity Brands [DALLAS] announced that John Hutchinson has joined the Company as Executive Vice President and Chief Financial Officer. Hutchinson joins Varsity Brands from Apple Leisure Group ("ALG"), where he served most recently as President with responsibility for ALG's resort management, vacation club, and tour operator businesses. Hutchinson joined Apple Leisure Group as Chief Financial Officer in 2013. Prior to his tenure at ALG, Hutchinson served with American Airlines for 24 years, progressing through several finance and planning roles including Senior-Vice President of Planning and Chief Financial Officer of American Eagle, Managing Director of Corporate Development, and Managing Director of International Planning at American Airlines.
Peabody [ST. LOUIS] (NYSE: BTU) announced that the company has named Mark Spurbeck as Interim Chief Financial Officer replacing Amy Schwetz. Spurbeck most recently served as Chief Accounting Officer. Prior to joining Peabody in early 2018, Mark was Vice President of Finance and Chief Accounting Officer at Coeur Mining, Inc. He also previously held multiple positions at Newmont Mining Corporation over an eight-year period, including Group Executive, Assistant Controller. Mark served in several financial positions at First Data Corporation and Deloitte LLP.
COMSovereign Holding Corp. [DALLAS] (OTCQB: DRNE) (formerly Drone Aviation Holding Corp.) announced that it has appointed Brian T. Mihelich as Chief Financial Officer. Kendall W. Carpenter, the Company's prior Chief Financial Officer, will remain with the Company and retain responsibility for the financial matters relating to its Drone Aviation business operations. Mihelich most recently served as Vice President, Managed Services, and as Head of Operations of the Vodafone account at Ericsson. His experience in the telecom sector includes senior management responsibilities for numerous business relationships including AT&T, Sprint, Vodafone, Napster, Google and Facebook. In addition, he has served with distinction in the U.S. Air Force and has also worked for the U.S. Securities and Exchange Commission.
Chico's FAS, Inc. [FORT MYERS, FL] (NYSE: CHS) announced that Executive Vice President and Chief Financial Officer Todd E. Vogensen has resigned, effective January 17, 2020, to accept a CFO position with another company. Jennifer Ellis, Senior Vice President, Finance, has been appointed Interim Chief Financial Officer, effective February 3, 2020. Ellis has served as the Company's Senior Vice President, Finance since July 2018 and prior to that served in various finance roles at the Company, including Vice President, Financial Planning & Analysis from April 2016 to July 2018 and Senior Director, Finance from October 2015 to April 2016. Prior to joining the Company, Ellis served as Vice President, Finance of Tailored Brands, Inc. from March 2013 to October 2015.
Alaska Air Group [SEATTLE] announced that Brandon Pedersen, Chief Financial Officer since 2010, plans to retire on March 2. Shane Tackett, currently Alaska's executive vice president of planning and strategy will succeed Pedersen. Tackett joined Alaska in 2000 and has led in many capacities across the company. In 2010, Tackett became vice president of labor relations at Alaska Airlines. In 2015, he became responsible for the revenue management and e-commerce functions for Alaska and managed relationships with key commercial technology partners. He was promoted to executive vice president of planning and strategy in 2018.
Ron Hundzinski
TI Fluid Systems [AUBURN HILLS, MI] announced that Ron Hundzinski has been appointed Chief Financial Officer and an Executive Director of the Company. Hundzinski is joining the Company from Tenneco, Inc. where he was Executive Vice President ‑ Finance. During the prior thirty-five years, he has held a variety of leadership positions in finance at Emerson Electric, GKN, Meridian Automotive and BorgWarner. He served as Chief Financial Officer and Executive Vice President of BorgWarner from 2012 through 2018. Ron is also a Non-Executive Director of Gentherm. Ron succeeds Tim Knutson, who has elected to step down from the position to pursue other interests outside of the Company.
Maxeon Solar Technologies [SAN JOSE, CA] announced that Joanne Solomon has been named Chief Financial Officer (CFO) of the company, a planned spin off of SunPower Corporation (NASDAQ: SPWR). Solomon most recently served since 2017 as CFO for Katerra Inc. Prior to this, she worked for 16 years at Amkor Technology, Inc., in various roles including CFO. Solomon began her career at Price Waterhouse.
Cumulus Media Inc. [ATLANTA] (NASDAQ: CMLS) announced that John Abbot, Executive Vice President and Chief Financial Officer, will leave the Company at the beginning of March after it reports its full-year 2019 financial results.
BBQ Holdings, Inc. [MINNEAPOLIS] (NASDAQ: BBQ) announced the appointment of Jim Gilbertson as the new Chief Financial Officer of the Company. Over the past 20 years Gilbertson has been the Chief Financial Officer of a number of public companies including Children's Broadcasting Corporation (Radio AAHS), Navarre Corporation, and Granite City Food & Brewery. He also served as Vice President of Business Development and Cable Distribution at iMedia Brands, Inc. and Executive Business Advisor and Board Member of rareEARTH. He most recently served as the CFO of Bluespire, Inc.
Party City Holdco Inc. [ELMSFORD, NY] (NYSE: PRTY) announced that Todd Vogensen has been appointed as Chief Financial Officer of Party City Holdco Inc. ("PCHI"), effective February 3, 2020. From June 2014 to January 2020, Vogensen served as the Executive Vice President and Chief Financial Officer of Chico's FAS. Prior to joining Chico's, Todd spent over four years with Michaels Stores from 2005 to 2009 as Corporate Controller, Vice President of FP&A, and Vice President of Merchandising Finance. He previously held finance management positions at Gap, Inc. and Hewlett Packard Company.
NexImmune, Inc. [GAITHERSBURG, MD] announced that John Trainer has been appointed as the Company's Chief Financial Officer. Trainer most recently served as Vice President and Head of Partnering & Strategy for MedImmune, the biologics-focused R&D unit of AstraZeneca. Previous to that role, Trainer was Vice President, Corporate Development for AstraZeneca and the commercial leader for AstraZeneca's Infection, Neuroscience and Gastrointestinal group globally.
Prime Capital Investment Advisors [OVERLAND PARK, KS] hired Brian Dillbeck as its first chief financial officer. Most recently, he was the chief financial officer at Lockpath. Prior to Lockpath, Dillbeck held senior financial positions with American Italian Pasta Company and started his financial career with J.P. Morgan Retirement Plan Services in 2001.
ZAGENO [CAMBRIDGE, MA and BERLIN] announced that Robert Cruickshank joined the company as chief financial officer. Most recently Cruickshank has spent more than four years at ezCater, where he held roles as chief administrative officer and CFO. Prior to this, Cruickshank spent almost four years at Amazon Robotics (formerly Kiva Systems) as its CFO and corporate controller. Over nearly a decade, Cruickshank was VP of finance for Aspen Technology.
Sprouts Farmers Market [PHOENIX] (NASDAQ: SFM) announced that Denise Paulonis will join the company as chief financial officer, effective February 21, 2020. Paulonis most recently served as executive vice president and chief financial officer of The Michaels Companies. Paulonis joined Michaels in 2014 and prior to her service as executive vice president and chief financial officer from 2016 to 2019, served in various finance roles within the organization, including senior vice president of finance and treasurer, and vice president of corporate finance, investor relations and treasury. Prior to joining Michaels, Paulonis held various senior level positions with PepsiCo from 2009 to 2014, including vice president of financial planning and analysis of the Frito Lay division, vice president of finance and strategy of PepsiCo U.S. Sales, and vice president of corporate strategy and development. Prior to joining PepsiCo, Paulonis held various senior positions with McKinsey & Company and Bank of America. Paulonis currently serves on the board of directors of Sally Beauty Holdings, Inc.
Saia, Inc. [JOHNS CREEK, GA] (NASDAQ: SAIA) announced that Douglas Col has been promoted to Vice President and Chief Financial Officer. Col replaces Robert Chambers who returned to his prior employer in a senior executive position after eight months with Saia. Col joined Saia in 2014 as Vice President and Treasurer. Prior to joining Saia, Col spent over twenty years working with transportation-related businesses as an investment analyst, equity fund manager and investment banker.
Perceptron, Inc. [PLYMOUTH, MI] (NASDAQ: PRCP) announced that Bill Roeschlein has been named Interim Vice President, Finance and Chief Financial Officer. Previously, he served as Chief Financial Officer for Intermolecular until its recent acquisition by Merck KGaA, Darmstadt, Germany. Earlier, he served as Chief Financial Officer for Power Integrations and Selectica, Inc. He has also served in multiple finance leadership roles with other global companies. He started his career at Coopers & Lybrand.
Vyome Therapeutics Inc. [PRINCETON, NJ] announced the appointment of Craig Tooman as the Chief Operating Officer (COO) and Chief Financial Officer (CFO). Prior to his position at Vyome, Tooman served as Chief Executive Officer of Aratana Therapeutics. He also spent six years as the Chief Financial Officer and treasurer of Aratana. Previous to Aratana, Tooman served as founder and Chief Executive Officer of Avanzar Medical, Inc. Prior to his time at Avanzar, Tooman served as Chief Financial Officer at Ikaria Inc. and Enzon Pharmaceuticals. Tooman has served on several company boards, including Insite Vision, Xanodyne Pharmaceuticals, and Aratana Therapeutics, and currently serves on the Board of CureVac.
Blucora, Inc. [IRVING, TX] (NASDAQ: BCOR) announced that Davinder Athwal, Chief Financial Officer, will be stepping down from his role at the company, effective January 31, 2020, and will then be available in an advisory capacity through 2020.
Brett M. Carroll
Mercy College [DOBBS FERRY, NY] appointed Brett M. Carroll as Vice President for Finance and Chief Financial Officer. He will join the College on February 1. Carroll currently serves as the Associate Vice President and Treasurer at the University of Hartford. Previously, Carroll spent several years in the financial services industry where he served as Director at UBS Global Asset Management in Hartford, CT, as well as Manager at Landmark Partners in Simsbury, CT. Carroll began his career at Coopers and Lybrand.
HealthcareSource [WOBURN, MA] announced the appointment of Sean Bridgeo as Chief Financial Officer. Bridgeo joins HealthcareSource from TimeTrade, where he served as Chief Financial Officer and Senior Vice President of Operations. Prior to TimeTrade, he was CFO of Cure Forward. Previously, Bridgeo was CFO of NaviNet. Earlier, he held financial management positions with Coventry Healthcare and TJX Corporation.
Todd Taylor
LRES Corporation [ORANGE, CA] announced the addition of Todd Taylor as CFO. Taylor previously served as CFO of a publicly traded financial services firm.
Abott Laboratories [Abbott Park, IL] announced that Brian B. Yoor, Executive Vice President, Finance and Chief Financial Officer, informed Abbott that he will retire as an officer of the company, effective February 29, 2020. The company has appointed Robert E. Funck, Jr. as Executive Vice President, Finance and Chief Financial Officer, effective March 1, 2020. Funck has served as Abbott's Senior Vice President, Finance and Controller since 2018 and served as Vice President, Controller from 2013 to 2018, as Vice President, Chief Ethics and Compliance Officer from 2009 to 2013, as Vice President, Internal Audit from 2007 to 2009, and as Vice President and Treasurer from 2005 to 2007. He joined Abbott in 1987 and became a corporate officer in 2005.
ALX Oncology [DUBLIN, Ireland and BURLINGAME, CA] announced the appointment of Peter S. García as Chief Financial Officer. García most recently served as Vice President and Chief Financial Officer of PDL BioPharma.
Diversey [FORT MILL, SC] announced that Philip R. Wieland has become interim Chief Executive Officer. Wieland most recently served as the Company's Chief Financial Officer. Wieland is succeeded in the CFO role by Todd Herndon, who is returning to the Company after holding a series of positions of increasing responsibility over eight years at Diversey Care, including general manager of the Building Care core business, and Vice President of Finance at the time of its acquisition by Sealed Air Corporation. He has since held the CFO role at Gardner Denver. Herndon also served as CFO at Capital Safety.
David Schlett
Prime Therapeutics LLC [EAGAN, MN] welcomed David Schlett as its new chief financial officer (CFO). Schlett held finance leadership positions at Medco and served as Express Scripts' senior vice president of finance. Most recently Schlett worked for Cambridge Advisory Group, and operated his own independent consultancy.
Barings [CHARLOTTE, NC] appointed Patrick Hoefling to a new role as Chief Financial Officer. Patrick brings over 20 years of experience in the financial services industry and has held a number of senior leadership roles at Barings, including: Treasurer; Head of the Financial Planning and Analysis Group; and a member of Barings' Global Investment Services Group. Prior to Barings, he worked at Mangan & McColl Partners, and was a consultant in Deloitte's Private Client Advisory Tax Group.
Mark Massaro
ArcherDX, Inc. [BOULDER, CO] announced Mark Massaro has been appointed Chief Financial Officer. Mark served as Managing Director and Senior Research Analyst covering the Diagnostics and Life Sciences Tools sector at Canaccord Genuity.
Andy Reinland
WatchGuard Technologies, Inc. [SEATTLE] announced that Andy Reinland has been appointed as the chief financial officer (CFO) of WatchGuard. Reinland spent the last 20 years of his career with F5 Networks, where he eventually became CFO. Reinland replaces Rich Barber, who has served as WatchGuard's CFO for nearly 10 years.
Kubient [NEW YORK] announced the appointment of Josh Weiss as Chief Financial Officer. Prior to Kubient, Weiss served as VP Finance for a privately-held global investment firm focusing on information services, education and technology. Previously, he was Senior Audit Manager – SEC & Transaction Services Practice Group, Assurance Services at Marcum, LLP.
Bright Health [MINNEAPOLIS] announced that Cathy R. Smith is joining as its new chief financial officer. Smith served most recently as CFO of Target Corporation. Prior to joining Target, she was the executive vice president and CFO at Express Scripts. She has also held CFO positions in several other companies, including Walmart International and GameStop.
RealNetworks, Inc. [SEATTLE] (NASDAQ: RNWK) announced that Cary Baker informed the Company of his decision to step down as CFO to pursue a new opportunity. In addition, the Company announced the hiring of Mike Ensing to replace Baker on an interim basis. Ensing most recently served as Chief Financial Officer from 2014 to 2019 of Savers/Value Village. Previously, Mr. Ensing served in Chief Operating Officer and Chief Financial Officer roles at Knowledge Universe, from 2012 to 2014, and in several financial leadership positions at Microsoft Corporation, from 2004 to 2012. Earlier in his career, Mr. Ensing served in various roles at consulting companies, including McKinsey & Co. and Deloitte Consulting.
NetSTREIT [DALLAS] announced the appointment of Andrew P. Blocher as its Chief Financial Officer. Blocher was previously with First Potomac Realty Trust where he served as Executive Vice President, Chief Financial Officer and Treasurer. Prior to his tenure at First Potomac, Blocher served as Senior Vice President, Chief Financial Officer and Treasurer at Federal Realty Investment Trust.
Filed Under: CFO, CFO Search, CFO Search Report, Chief Financial Officer, Executive Search, Fired, Hired, NASDAQ, NYSE, Private Equity, Replaced, Resigned, Retained Search, Venture Capital, Vice President Finance Tagged With: Abbott Park, Abott Laboratories, Alaska Air Group, Alison Engel, ALPHARETTA, ALX Oncology, Amy, Amy Schwetz, Andrew Blocher, Andy Reinland, Aramark, ArcherDX, ARIZONA, ASRC Industrial, ATLANTA, Atrium Hospitality, AUBURN HILLS, AVEO Oncology, Barings, BBQ Holdings, Berlin, Bill Roeschlein, Blucora, Bob Funck, BOULDER, Bradley Graham, Brandon Pedersen, Brett Carroll, Brian Dillbeck, Brian Mihelich, Brian Yoor, Bright Health, BURLINGAME, California, CAMBRIDGE, Camp Hill, Cary Baker, Cathy R. Smith, Charles Ence, CHARLOTTE, Chico's FAS, Chris Dunne, Colorado, COMSovereign Holding Corp., CONCORD, Craig Tooman, Cumulus Media Inc., Curtis Smith, DALLAS, Dallas Zulli, Dave Lemus, David M. Sagehorn, David Schlett, Davinder Athwal, Denise Paulonis, Diversey, Dobbs Ferry, Douglas Col, DUBLIN, EAGAN, ECC, Elmsford, Erick Lucera, Examity, Florida, Flowserve Corporation, Fort Mill, FORT MYERS, GAITHERSBURG, Gannett Co., GEORGIA, Germany, Guidewire Software, HealthcareSource®, Illinois, Impinj, Inc., Indiana, Ireland, Ironshore Pharmaceuticals Inc., IRVING, ivWatch, Jeffrey Barlow, Jennifer Ellis, Jim Gilbertson, Joanne Solomon, John Abbot, John Hutchinson, John Trainer, Johns Creek, Kendall W. Carpenter, Kubient, LRES Corporation, Maged Shenouda, Mark Maring, Mark Massaro, Mark Spurbeck, Maryland, Massachsetts, Massachusetts, Maxeon Solar Technologies, MCLEAN, Mercy College, Michael E. Pack, Michigan, Mike Celano, Mike Ensing, MINNEAPOLIS, Minnesota, Missouri, NetSTREIT, New Jersey, NEW YORK, NEWPORT NEWS, NEWTON, NexImmune, Nicholas Malone, Noblesville, North Carolina, OH, ORANGE, Oshkosh, Oshkosh Corporation, OVERLAND PARK, Party City Holdco Inc., Patrick Hoefling, Paxxal Inc., PEABODY, Pennsylvania, Perceptron, Peter S. García, PHILADELPHIA, Philip R. Wieland, PHOENIX, PLYMOUTH, Prime Capital Investment Advisors, Prime Therapeutics LLC, PRINCETON, RealNetworks, Relmada Therapeutics, RESEARCH TRIANGLE PARK, Rich Barber, Robert Chambers, Robert Cruickshank, Ron Hundzinski, Saia, SAN JOSE, SAN MATEO, Sean Bridgeo, SEATTLE, Shane Tackett, Smith Land & Improvement Corporation, South Carolina, Sprouts Farmers Market, Spurbeck, St. Louis, Steve Bramlage, Teresa (Terry) Blevins, Texas, The Columbus Organization, Thomas Ondrof, TI Fluid Systems, Tim Knutson, Todd Herndon, Todd Taylor, Todd Vogensen, Tomer Benami, Tony Spagnola, Varsity Brands, Virginia, VirtualHealth, Vyome Therapeutics Inc., Washington, WatchGuard Technologies, WAYNE, Wisconsin, WOBURN, Zageno
CFO Moves – week ending January 3, 2020
Posted on January 6, 2020 Written by Dergel CFO Admin Leave a Comment
EQT Corporation TransEnterix, Inc. Community Health Systems, Inc.
NuVasive, Inc. Aridis Pharmaceuticals, Inc. Mission Valley Bancorp
Avanos Medical, Inc. ION Geophysical Corporation Nielsen
The First of Long Island Corporation Momenta Pharmaceuticals, Inc. AzurRx BioPharma, Inc.
Veeco Instruments Inc. Hamilton Lane Incorporated Landec Corporation
Akerna Corp. Waterstone Properties Group, Inc. CONSOL Energy Inc.
EQT Corporation [PITTSBURGH] (NYSE: EQT) announced it appointed David Khani as chief financial officer. Kyle Derham, who has been serving as the company's interim chief financial officer, will remain with EQT in an executive advisory role to ensure a smooth transition and assist in the execution of EQT's strategic initiatives before returning to his role as Partner of Rice Investment Group. Khani joins EQT from CONSOL Energy Inc., where he has been executive vice president and chief financial officer since 2013. In addition, Mr. Khani served as a director and chief financial officer of CNX Midstream Partners from its initial public offering in September 2014 until January 2018. Khani also served as vice president of finance of CONSOL Energy Inc. from 2011 until he was named chief financial officer in 2013. Prior to 2011, Khani spent nearly 20 years covering Energy and Natural Resource companies for several investment banks, the last 13 years at FBR Capital Markets.
TransEnterix, Inc. [RESEARCH TRIANGLE PARK, NC] (NYSE American: TRXC) announced that Brett Farabaugh has joined as interim Chief Financial Officer, replacing Joe Slattery who retired December 31, 2019, as previously announced. Farabaugh has served as CFO of Tryton Medical, Inc., since August 2008, and as CEO of Tryton Medical since August 2019. Prior to Tryton Medical, Farabaugh served as CFO of Strikeiron, Inc., from 2006-2008, as Vice President of Finance for Icoria, Inc. (formerly Paradigm Genetics, Inc.), from 2004-2006. Farabaugh also held various roles at Nuada Pharmaceuticals and PricewaterhouseCoopers LLP.
Community Health Systems, Inc. [FRANKLIN, TN] (NYSE: CYH) announced that Kevin Hammons has been appointed Executive Vice President and Chief Financial Officer. Hammons joined Community Health Systems in 1997 and has held numerous financial leadership roles during his more than 20-year tenure. Most recently, he has served as Senior Vice President, Assistant Chief Financial Officer and Treasurer. Hammons succeeds Thomas J. Aaron, who served as the Company's Executive Vice President and Chief Financial Officer from May 2017 through his retirement on December 31, 2019.
NuVasive, Inc. [SAN DIEGO] (NASDAQ: NUVA) announced the appointment of Matthew K. Harbaugh as executive vice president and chief financial officer (CFO). Harbaugh succeeds Rajesh (Raj) J. Asarpota, who will transition from the Company. Most recently, Harbaugh served as president of the specialty generics business at Mallinckrodt plc. Prior to that, he was Mallinckrodt's CFO for more than five years. Harbaugh previously held a variety of financial management positions at Covidien Pharmaceuticals, which was spun-off from Covidien plc as Mallinckrodt plc in July 2013. Harbaugh joined Covidien in 2007 and served in several finance and leadership roles, including as CFO and interim president of Covidien Pharmaceuticals. Harbaugh's prior experience includes nearly 10 years at Monsanto Company, where he held various roles in investor relations and finance as well as two ex-patriate positions.
Aridis Pharmaceuticals, Inc. [SAN JOSE, CA] (NASDAQ: ARDS) announced the appointment of Michael A. Nazak as its Chief Financial Officer (CFO). Nazak, who joined Aridis in November 2018, has been serving as Vice President, Finance and replaces Fred Kurland who has chosen to retire but will continue to support the Company as a consultant. Prior to joining Aridis, he served as Senior Vice President, Finance at Coherus Biosciences, Inc. Previously he was the Senior Director of Finance & Accounting at InteKrin Therapeutics Inc. Prior to that, Nazak served as the Corporate Controller for Reliant Technologies, Inc., and as a Senior Director of Finance & Corporate Controller at Connetics Corporation. Nazak also held Corporate Controller and other finance and accounting positions at Cygnus Solutions (a Red Hat company), and MIPS Computer Systems, and was previously an auditor with Coopers & Lybrand LLP.
Mission Valley Bancorp [SUN VALLEY, CA] (OTCQX: MVLY), the holding company of Mission Valley Bank, announced the appointment of Jeffrey M. Watson as Chief Financial Officer of Mission Valley Bancorp and Mission Valley Bank. Watson succeeds Diane Auten who resigned from the Company and the Bank. Watson will serve in this new role in addition to his current capacity as Chief Operating Officer of Mission Valley Bank.
Michael C. Greiner
Avanos Medical, Inc. [ALPHARETTA, Ga.] (NYSE: AVNS) announced the appointment of Michael C. Greiner as senior vice president and chief financial officer. Greiner most recently served as executive vice president and CFO for AngioDynamics, Inc. Prior to that, Greiner was the CFO at Extreme Reach, Inc.
ION Geophysical Corporation [HOUSTON] (NYSE: IO) announced that Steve Bate, Executive Vice President and Chief Financial Officer, will be retiring and stepping down from his position as CFO effective February 1, 2020. Bate, who joined ION in 2005, will remain with ION as a Strategic Advisor to the CEO until the end of June to facilitate a seamless transition. Bate will be succeeded by Mike Morrison as the Company's Executive Vice President and Chief Financial Officer (Interim). In his 17-year tenure with ION, Morrison was mostly recently as Vice President of Finance and Treasurer.
Nielsen [NEW YORK] (NYSE: NLSN) announced that Chief Financial Officer and Chief Operating Officer David J. Anderson has resigned.
The First of Long Island Corporation [GLEN HEAD, NY] (NASDAQ: FLIC) announced that Jay P. McConie has been promoted to Executive Vice President and Chief Financial Officer of The First of Long Island Corporation and The First National Bank of Long Island. McConie has been employed as Senior Vice President and Chief Investment Officer of the Bank since 2015. Prior to that time, McConie served as Executive Vice President and Chief Financial Officer of Community National Bank from 2007 to 2015. McConie began his career at KPMG LLP in their Financial Services Group.
Momenta Pharmaceuticals, Inc. [CAMBRIDGE, MA] (NASDAQ: MNTA) announced that it has appointed Young Kwon, Momenta's Chief Business Officer, to the position of Chief Financial and Business Officer, effective January 8, 2020. Dr. Kwon joined Momenta in 2011 and has served in roles of increasing responsibility since that time. Prior to Momenta, he was at Biogen Idec in business and corporate development. Prior to that, he worked at Advanced Technology Ventures.
AzurRx BioPharma, Inc. [NEW YORK] (NASDAQ: AZRX) announced that Daniel Schneiderman has been appointed to serve as the Company's Chief Financial Officer. Schneiderman most recently served as Chief Financial Officer for Biophytis, SA (through its U.S. subsidiary Biophytis, Inc.) from November 2018 through December 2019. Previously, Schneiderman served as the Vice President, Finance, Controller and Corporate Secretary for MetaStat, Inc. from February 2012 through October 2018. Schneiderman was Vice President of Investment Banking for Burnham Hill Partners LLC, where he worked from 2008 to 2012. From 2004 through 2008, Schneiderman was Vice President of Investment Banking at Burnham Hill Partners, a division of Pali Capital, Inc. Previously, Schneiderman worked at H.C. Wainwright & Co., Inc. in 2004 as an investment banking analyst. Schneiderrman replaces Maged Shenouda, who left the Company on November 30, 2019 to pursue other career opportunities.
Veeco Instruments Inc. [PLAINVIEW, NY] (NASDAQ: VECO) announced that John P. Kiernan, was promoted to Senior Vice President and Chief Financial Officer (CFO) effective January 1, 2020. Kiernan, previously SVP of Finance, Chief Accounting Officer and Treasurer, succeeds Shubham (Sam) Maheshwari, who recently announced his resignation from Veeco. Since joining Veeco in 1994, Kiernan has held financial leadership roles of increasing responsibility including leading the controller, financial planning and analysis, tax and treasury teams. Before joining Veeco, he was a Senior Manager at Ernst & Young LLP.
Hamilton Lane Incorporated [BALA CYNWYD, PA] announced that Atul Varma will join the firm as Chief Financial Officer and Treasurer. He will succeed Randy M. Stilman, who will be retiring from the role after 22 years. Stilman will remain at Hamilton Lane into 2020 to help ensure a smooth transition of his responsibilities. Varma was most recently Head of Business Strategy and Chief Financial Officer of Wealth Management at The Bank of New York Mellon Corporation. Prior to joining BNY Mellon, Varma served as Chief Financial Officer of various divisions of Bank of America Corporation's Global Wealth and Investment Management group and before that worked in corporate financial planning and analysis at Citigroup, Inc.
Landec Corporation [SANTA CLARA, CA] (NASDAQ: LNDC), with two operating businesses, Curation Foods, Inc. and Lifecore Biomedical, Inc., announced the planned resignation of Gregory S. Skinner for personal reasons. Skinner has served as the Company's Chief Financial Officer (CFO) and Vice President of Finance and Administration since 1999. The Company also announced that Brian F. McLaughlin, the current CFO of Curation Foods, will succeed Skinner as interim CFO, effective January 8, 2020, in addition to his current role. McLaughlin joined Curation Foods (formerly Apio) in 2015 as CFO. Prior to joining Curation Foods, McLaughlin was Executive Vice President and CFO of Big Idea Holdings, LLC from 2010 until 2015, CFO of EuroFresh Farms from 2008 until 2009, CFO of Driscoll's, Inc. from 2006 until 2007 and CFO of Fresh Express, Inc. from 1996 until 2006. In addition, he spent 19 years in commercial banking.
John Fowle
Akerna Corp. [DENVER] named John Fowle as chief financial officer (CFO). Before joining Akerna, he served as CFO for REV360, and as vice-president and controller for WELLTOK.
Bill Comeau
Waterstone Properties Group, Inc. [Needham, MA] announced the hire of Bill Comeau as Chief Financial Officer. Prior to joining Waterstone, Comeau served in senior real estate industry finance roles with WeWork, C-III Capital and DLC Management.
CONSOL Energy Inc. [Canonsburg, PA] announced that David M. Khani, who has been serving as Executive Vice President, Chief Financial Officer and Treasurer, notified the Company of his intent to resign from his positions with the Company. The Company appointed Mitesh Thakkar as the Company's interim Chief Financial Officer. Thakkar served as Director of Finance and Investor Relations of CEIX and CONSOL Coal Resources LP ("CCR") since November 2017 and as Director of Finance and Investor Relations of CCR since May 2015. He previously served in various roles in the equity research department of FBR Capital Markets (now part of B. Riley FBR, Inc.) from May 2007 through May 2015. Prior to his work at FBR, he served in various roles at Reliance Engineering Associates (P) Limited from September 2002 through June 2006.
Filed Under: CFO, CFO Search, CFO Search Report, Chief Financial Officer, Executive Search, Fired, Hired, NASDAQ, NYSE, Private Equity, Replaced, Resigned, Retained Search, Venture Capital, Vice President Finance Tagged With: Akerna Corp., ALPHARETTA, Aridis Pharmaceuticals, Atul Varma, Avanos Medical, AzurRx BioPharma, BALA CYNWYD, Bill Comeau, Brett Farabaugh, Brian F. McLaughlin, California, CAMBRIDGE, Canonsburg, Colorado, Community Health Systems, CONSOL Energy Inc., Daniel Schneiderman, David J. Anderson, David Khani, DENVER, Diane Auten, EQT Corporation, FRANKLIN, Fred Kurland, GEORGIA, Glen Head, Greg Skinner, Hamilton Lane Incorporated, HOUSTON, Inc., ION Geophysical Corporation, Jay McConie, Jeffrey M. Watson, Joe Slattery, John Fowle, John P. Kiernan, Kevin Hammons, Kyle Derham, Landec Corporation, Maged Shenouda, Massachusetts, Matthew Harbaugh, Michael A. Nazak, Michael C. Greiner, Mike Morrison, Mission Valley Bancorp, Mitesh Thakkar, Momenta Pharmaceuticals, Needham, NEW YORK, Nielsen, North Carolina, NuVasive, Pennsylvania, PITTSBURGH, PLAINVIEW, Raj Asarpota, Randy Stilman, RESEARCH TRIANGLE PARK, SAN DIEGO, SAN JOSE, SANTA CLARA, Shubham Maheshwari, Steve Bate, Sun Valley, TENNESSEE, Texas, The First of Long Island Corporation, Thomas Aaron, TransEnterix, Veeco Instruments Inc., Waterstone Properties Group, Young Kwon
CFO Moves – week ending December 6, 2019
Posted on December 9, 2019 Written by Dergel CFO Admin Leave a Comment
Taro Pharmaceutical Industries Ltd. Secureworks Avalara, Inc.
KKR & Co. Inc. Alation Inc. EpicentRx, Inc.
Flowserve Corporation Iteris, Inc. Repare Therapeutics
Builders Insurance Group Venture Metals International Precision Optics Corporation
Wyndham Hotels & Resorts America First Multifamily Investors, L.P. Hi-Crush Inc.
Innovative Cellular Therapeutics Kenna Security RAPT Therapeutics, Inc.
ClubCorp Holdings Inc. AlgoSec Aspen Group Inc.
Reeds, Inc. Boulevard LYNKD
Expedia Group Capstone Turbine Corporation The Federal Agricultural Mortgage Corporation
SparkCognition Zenoss Inc. Origin USA
N2 Biomedical Berlin Packaging L.L.C. Africa Asset Finance Company
Jerash Holdings (US), Inc. Cognoa Harborside Inc.
Taro Pharmaceutical Industries Ltd. [HAWTHORNE, NY] (NYSE: TARO) announced that it has accepted the resignation of its Chief Financial Officer, Mariano Balaguer, effective January 3, 2020.
Paul Parrish
Secureworks [ATLANTA] (NASDAQ: SCWX) announced the appointment of Paul Parrish as its new Chief Financial Officer. Parrish joins Secureworks from CIOX Health LLC, where he served as CFO. Parrish succeeds Wayne Jackson who has served as CFO of Secureworks for more than four years. Jackson's planned move was announced in March, and he will stay on to assist in the transition through the end of the company's fiscal year 2020. Before joining CIOX, he was CFO of Brightree LLC, and he was previously CFO of S1 Corporation.
Avalara, Inc. [SEATTLE] (NYSE: AVLR) announced that its chief financial officer (CFO), Bill Ingram, will retire March 31, 2020, and he will join the Board of Directors. Ingram will be succeeded as CFO by Ross Tennenbaum, Avalara's executive vice president of strategic initiatives. Tennenbaum's experience was built over a 10-year investment banking career at Goldman Sachs and Credit Suisse, including working with Avalara for more than five years and leading its IPO in 2018.
KKR & Co. Inc. [NEW YORK] (NYSE: KKR) announced that Robert H. Lewin will be appointed Chief Financial Officer ("CFO"), effective January 1, 2020. Lewin will succeed William ("Bill") J. Janetschek who will be retiring from KKR at the end of the year. Since joining KKR in 2004, Lewin has held a number of positions. These include as an investor in private equity, helping launch KKR's Asia business, co-leading the firm's credit and capital markets businesses, and serving as Treasurer and Head of Corporate Development with oversight of KKR's balance sheet. For the last two years, Lewin served as Head of Human Capital & Strategic Talent. Prior to joining KKR, Lewin was at Bear Stearns & Company. Lewin currently serves on the board of Answer the Call.
Alation Inc. [REDWOOD CITY, CA] announced the appointment of Eric Chan as Chief Financial Officer. Chan brings more than two decades of senior financial leadership to the company, having served as CFO at Optymyze, Formation Data Systems and Syncplicity by EMC, where he was responsible for the spinout to Skyview Capital. Prior to Syncplicity by EMC, Eric has also held various leadership positions at SuccessFactors and VMware. The CFO role at Alation had previously been held by Max Ochoa, who will continue as the company's General Counsel.
EpicentRx, Inc. [LA JOLLA, CA] announced the appointment of Franck Brinkhaus, Ph.D., as Chief Financial Officer. Dr. Brinkhaus is CEO & Founder of Biotech Alliances International, Inc. Previously, Dr. Brinkhaus was Managing Director of Woodside Capital Partners.
Flowserve Corporation [DALLAS] (NYSE: FLS) announced that John E. (Jay) Roueche, III, Flowserve's vice president, treasurer and investor relations, assumed the role of interim chief financial officer. Roueche's appointment follows Lee S. Eckert's departure from Flowserve as senior vice president and chief financial officer. Roueche has served as vice president, treasurer and investor relations, since October 2012. In addition, he served as Flowserve's interim chief financial officer from February 2017 to October 2017. Prior to joining Flowserve, Roueche served in progressive accounting and finance roles with a variety of multinational companies.
Iteris, Inc. [SANTA ANA, CA] (NASDAQ: ITI) announced that Douglas L. Groves joined the company as senior vice president and chief financial officer. Most recently, Groves served as vice president, CFO and treasurer of Ducommun, Inc., having joined the company in January 2013. Through December 2012, Mr. Groves held the position of corporate vice president and chief information officer at Beckman Coulter, following a series of financial roles at the company beginning in January 1998. Prior to joining Beckman Coulter, Groves was corporate controller of a privately held civil engineering firm, and senior auditor and consultant at Deloitte & Touche. Groves will replace Andy Schmidt, whom Iteris has appointed as a senior advisor.
Repare Therapeutics [CAMBRIDGE, MA and MONTREAL, QUEBEC] announced that Steve Forte is appointed as Executive Vice President & Chief Financial Officer. Forte was CFO of Clementia Pharmaceuticals until its recent sale to Ipsen. His experience includes nearly a decade at Aptalis Pharma Inc., where he was responsible for the overall corporate controllership function. Prior to Clementia, Steve was CFO of Thinking Capital Financial Corporation.
Builders Insurance Group [ATLANTA] announced the appointment of Ellen G. Smith to the role of Senior Vice President, Chief Financial Officer and Treasurer. Smith was currently serving as Director of Financial Planning and Analysis with Builders. Smith served as interim CFO over the last eight months. Smith joined Builders in 2010 as Financial Reporting Manager before assuming her most current position as Director of Financial Planning and Analysis. Prior to joining Builders, Smith served as Audit Manager within the Insurance Practice at KPMG.
Venture Metals International [DALLAS] announced that it has appointed Michael ("Mike") Ramirez as Executive Vice President and Chief Financial Officer. Prior to Venture Metals, Ramirez was Executive Vice President and Chief Financial Officer of Strategic Materials, Inc. Before that, Ramirez was Executive Vice President and Chief Financial Officer of PSC, LLC.
Precision Optics Corporation [GARDNER, MA] (OTCQB: PEYE) announced the promotion of Daniel Habhegger to Chief Financial Officer. Habhegger initially joined Precision Optics in September 2019 as Director of Finance. Habhegger will succeed Don Major. Habhegger has held positions of Accounting Supervisor, Controller, Director of Financial Planning & Analysis and CFO for various companies including, SmartBear Software, AgaMatrix, Inc., and Weather Services International (an IBM Business).
Wyndham Hotels & Resorts [PARSIPPANY, NJ] (NYSE: WH) announced that David B. Wyshner has decided to step down as Chief Financial Officer, and move into a senior advisory role until March 1, 2020. The Company announced the promotion of its Treasurer and Executive Vice President, Michele Allen, to succeed Wyshner as CFO. Allen, who began her career at Deloitte & Touche, is a 20-year veteran of Wyndham Hotels, Wyndham Worldwide and Cendant Corporation – having been the global Senior Vice President of Finance and Controller for the former Wyndham Hotel Group, and Senior Vice President of Finance for Wyndham Worldwide.
America First Multifamily Investors, L.P. [OMAHA, NE] (NASDAQ: ATAX) announced that Craig S. Allen informed of his intent to retire and leave the Partnership in his capacity as its Chief Financial Officer on December 31, 2019. The Partnership appointed Jesse A. Coury, the Partnership's current Corporate Controller, to serve as the Partnership's interim Chief Financial Officer, effective on January 1, 2020. Coury has served as the Partnership's Corporate Controller since 2017.
Hi-Crush Inc. [HOUSTON] (NYSE: HCR) announced that Laura C. Fulton, Chief Financial Officer, will resign as Chief Financial Officer and principal financial and accounting officer of the Company effective December 31, 2019. Phil McCormick, Vice President of Finance has been appointed by the Board of Directors to the role of Chief Financial Officer and principal financial and accounting officer effective January 1, 2020. McCormick joined Hi-Crush in August 2018. Prior to joining Hi-Crush, McCormick served in various senior level positions at KBR, Inc. from 2009 to 2018, including Vice President of Finance and Treasurer. Prior to that, he -held various senior level roles at LyondellBasell from 1998 to 2009, including Director, Internal Controls. McCormick began his career as an Audit Manager at Coopers & Lybrand in 1990.
Innovative Cellular Therapeutics (ICT) [ROCKVILLE, MD] announced the appointment of Morten Marott, who joined ICT as Chief Financial Officer in July 2019. Before joining ICT, Marott was Chief Financial Officer of Veloxis Pharmaceuticals A/S. Previously, Marott was a senior investment banker in the Healthcare Investment Banking Group at Deutsche Bank in New York. Prior to this, he was with the Healthcare Investment Banking Groups of RBC Capital Markets and Citigroup.
Terry Murphy
Kenna Security [SAN FRANCISCO, CA] named Terry Murphy as Chief Financial Officer. Most recently, Murphy was CFO of WhiteHat Security. He also led Finance at WhiteHat, Luminate, and GoBeam.
RAPT Therapeutics, Inc. [SOUTH SAN FRANCISCO, CA] (NASDAQ: RAPT) announced the appointment of Rodney Young as chief financial officer. Most recently, he served as chief financial officer of Cellerant Therapeutics, Inc. Previously, he served as chief financial officer and vice president of finance and administration of StemCells, Inc. Earlier in his career, he was an investment banker at Lehman Brothers and SG Cowen.
Andrew Lacko
ClubCorp Holdings Inc. [DALLAS] announced the appointment of Andrew Lacko as Chief Financial Officer. Lacko joins ClubCorp from Regis Corporation where he served as Executive Vice President and Chief Financial Officer since July 2017. Before joining Regis Corporation, Lacko served as Sr. Vice President of Global Financial Planning and Analysis and Corporate Development at Hertz Global Holdings. Prior to Hertz Global Holdings, Lacko held positions of increasing Financial Planning and Analysis, Corporate Development and Investor Relations responsibilities at First Data Corp., Best Buy, UnitedHealth Group and Northwest Airlines.
AlgoSec [RIDGEFIELD PARK, NJ] announced the appointment of Ilan Erez as Chief Financial Officer and General Manager. Most recently, he served as GM of 3D Systems' software business unit. Prior to that, he spent a decade with Cimatron Ltd. as CFO and VP Operations before their acquisition by 3D Systems. Earlier in his career, he was CFO and VP Operations of Silicom Ltd., a controller of Biodar Ltd. and auditor for Kesselman & Kesselman (a member of PwC).
Aspen Group Inc. [NEW YORK] (NASDAQ: ASPU) announced that it has named Frank J. Cotroneo Chief Financial Officer. Cotroneo has been a Board member of Aspen Group since 2018 and served as Chair of its Audit Committee. Cotroneo previously served as the Chief Operating Officer and Chief Financial Officer of Netspend (currently a subsidiary of Global Payments Inc.), as well as Chief Financial Officer of Acxiom Corporation (currently LiveRamp Holdings, Inc.), H&R Block, and MasterCard International Inc.
Reed's Inc. [NORWALK, CT] (NASDAQ: REED) announced the appointment of Thomas J. Spisak as Chief Financial Officer. Spisak held numerous positions in multiple divisions of Diageo, most recently serving as Vice President of Finance and Controller of North America. Previously, he held positions of Vice President of Commercial Finance, Director of Business Performance and Senior Finance Director of Marketing and Innovation Decision Support, as well as other roles in finance. Prior to Diageo, Spisak served at International Masters Publishers, Inc. Joann Tinnelly, who served as Interim Chief Financial Officer during the transition, will resume her role as Vice President and Corporate Controller of Reed's Inc. and take on an expanded role in Finance and Corporate Strategy reporting directly to the CFO.
Greg Wookey
Boulevard [LOS ANGELES] announced the appointment of Greg Wookey as the company's first Chief Financial Officer. Prior to joining Boulevard, he served as the CFO for Inbenta. Before Inbenta, he spent nearly seven years at MINDBODY, Inc., where he served as the CFO and SVP of Merchant Processing Division.
LYNKD [MOUNT LAUREL, NJ] named Bob Daglian as Chief Financial Officer. Daglian began his career with Holman Enterprises, more than 35 years ago and has held a wide-range of financial and accounting positions across the organization's various subsidiaries including ARI and Auto Truck Group. Daglian joins LYNKD from Flexdrive, a joint venture between Holman Enterprises and Cox Automotive, where he served as Executive Vice President and Chief Financial Officer.
Expedia Group [SEATTLE] (NASDAQ: EXPE) announced the resignation of Alan Pickerill as CFO. Eric Hart, the Company's Chief Strategy Officer, will serve as acting CFO.
Capstone Turbine Corporation [VAN NUYS, CA] (NASDAQ: CPST) announced the appointment of Frederick (Eric) Hencken III, the Company's current Interim Chief Financial Officer, to the position of Chief Financial Officer, effective as of January 1, 2020. Hencken will continue to serve as the Company's Chief Accounting Officer, and principal financial officer and principal accounting officer of the Company. Hencken was appointed to Interim Chief Financial Officer of Capstone effective October 1, 2019. Mr. Hencken has served as the Company's Chief Accounting Officer since April 2019 and served as the Company's Controller from October 2017 to April 2019. Prior to joining the Company, Hencken held various roles in Finance and Accounting with InnoVista Sensors, previously Custom Sensors and Technologies, Inc., from 2012 to 2017. While employed at InnoVista Sensors, Mr. Hencken's various roles included the Director of Financial Planning and Analysis, International Controller, and Director of Finance and Administration, North America. Prior to InnoVista Sensors, Hencken served as the Manager of Financial Reporting from 2008 to 2011 and Director of Financial Reporting in 2012, for THQ Inc. Prior to THQ Inc., Hencken was employed by McGladrey, LLP, from 2001 to 2008.
Aparna Ramesh
The Federal Agricultural Mortgage Corporation (Farmer Mac) [WASHINGTON] (NYSE: AGM) announced the selection of Aparna Ramesh as its Executive Vice President – Chief Financial Officer and Treasurer, starting January 6, 2020. Ramesh joins Farmer Mac with over two decades of financial experience, most recently with the Federal Reserve Bank of Boston, where she served in increasingly complex and senior finance roles culminating in her appointment as Senior Vice President & Chief Financial Officer. Prior to joining the Boston Fed, Ms. Ramesh spent ten years in commercial banking at M&T Bank and Cambridge Savings Bank in roles spanning product management, asset-liability management, and profitability.
SparkCognition [AUSTIN, TX] announced that Jeffrey R. Lass has joined the company's executive team as Chief Financial Officer. Lass has over 25 years of leadership experience in finance and operations with companies including GE Oil and Gas, Dover Corporation, Dresser, Inc., Pavilion Technologies, Trilogy Software, and PwC.
Matt Bates
Zenoss Inc. [AUSTIN, Texas] announced Matthew Bates as the company's new chief financial officer. Prior to joining Zenoss, Bates spent more than 17 years at Rackspace. Most recently, he served as chief operating officer (Americas). Prior to Rackspace, Bates was an investment banker in North America and Asia for Deutsche Bank.
Origin USA [FARMINGTON, ME] announced that Don Miller has been appointed Chief Financial Officer (CFO). Miller joins Origin USA after having served a nine-year tenure with BackOffice Associates (now "Syniti"), where he served in multiple leadership positions of increasing responsibility, including Controller, Director of Financial Operations, and Vice President of Corporate Planning and Analysis. Don also recently served as Interim CFO with Glivinski & Associates. Prior to BackOffice Associates, Don was an integral member of the financial and operational leadership teams at TDS Telecom, and GTE Corporation, where he held multiple positions of increasing responsibility in Finance, Treasury, Accounting, and Internal Audit.
N2 Biomedical [BEDFORD, MA] announced the appointment of Heidi DeGrazia to the role of Chief Financial Officer. DeGrazia has worked extensively in both the healthcare and manufacturing industries, including financial leadership positions at Avantor, Integra Companies, and Access TCA.
Berlin Packaging L.L.C. [CHICAGO] announced Amath Fall has joined as Chief Financial Officer. Fall most recently acted as the CFO for FleetPride. Prior to FleetPride, he served as CFO for several distribution companies including Ryan Herco Flow Solutions and Performance Team.
Africa Asset Finance Company [NEW YORK and DUBAI, United Arab Emirates and ADDIS ABBABA, Ethiopia] announced the appointment of Christine D. Gagnon as Chief Financial Officer. Previously, Gagnon served as a Director at Ernst & Young LLP in various leadership roles, including CFO and COO of EMEIA Financial Crime and COO of Financial Services Africa. She also held leadership positions at OneWest Bank, N.A., serving as First Vice President in the Offices of the CEO and Vice Chairman, and PricewaterhouseCoopers LLP, as a Senior Manager.
Jerash Holdings (US), Inc. [ROCHESTER, NY] (NASDAQ: JRSH) announced the appointment of Gilbert K. Lee as Chief Financial Officer. Lee previously served as the Chief Financial Officer of Fuling Global Inc., from August 2015 until November 2019. Previously, from August 2011 through May 2015, Lee served Tanke Biosciences Corporation, first as its U.S.-based Chief Financial Officer and then as its Vice President of Business Development. He has also served as Director of Finance at Two's Company, and as Director of Finance and Marketing at Essilor of America. Early in his career, Lee served as a Plant Controller for a roofing materials manufacturer.
James (Jim) H. Welch
Cognoa [PALO ALTO, CA] announced that James (Jim) H. Welch has been appointed Chief Financial Officer. Welch comes to Cognoa from Eiger BioPharmaceuticals, where he served as CFO. Prior to Eiger Pharmaceuticals, Welch was CFO at AcelRx. He also worked at Rigel Pharmaceuticals.
Harborside Inc. [OAKLAND, CA and TORONTO, Ontario] (CSE: HBOR) announced that it has appointed Tom DiGiovanni as Chief Financial Officer. Keith Li will remain with the Company as the Vice President of Finance. DiGiovanni most recently was a founding partner and the CFO at Canndescent. Prior to joining Canndescent, DiGiovanni served in multiple executive roles in finance and operations, including as CFO of Mainstream Energy.
Filed Under: CFO, CFO Search, CFO Search Report, Chief Financial Officer, Executive Search, Fired, Hired, NASDAQ, NYSE, Private Equity, Replaced, Resigned, Retained Search, Venture Capital, Vice President Finance Tagged With: Addis Abbaba, Africa Asset Finance Company, Alan Pickerill, Alation Inc., AlgoSec, Amath Fall, America First Multifamily Investors, Andrew Lacko, Andy Schmidt, Aparna Ramesh, Aspen Group Inc., ATLANTA, AUSTIN, Avalara, BEDFORD, Berlin Packaging L.L.C., Bill Ingram, Bob Daglian, Boulevard, Builders Insurance Group, California, CAMBRIDGE, Capstone Turbine Corporation, CHICAGO, Christine D. Gagnon, ClubCorp Holdings Inc., Cognoa, Connecticut, Craig S. Allen, D.C., DALLAS, Daniel Habhegger, David B. Wyshner, Don Major, Don Miller, Douglas L. Groves, Dubai, Ellen G. Smith, EpicentRx, Eric Chan, Eric Hart, Ethiopia, Expedia Group, Farmer Mac, Farmington, Flowserve Corporation, Franck Brinkhaus, Frank J. Cotroneo, Frederick (Eric) Hencken III,, Gardner, GEORGIA, Gilbert K. Lee, Greg Wookey, Harborside Inc., Hawthorne, Heidi DeGrazia, Hi-Crush Inc., HOUSTON, Ilan Erez, Illinois, Inc., Innovative Cellular Therapeutics, Iteris, J. Janetschek, Jeffrey R. Lass, Jerash Holdings (US), Jesse Coury, Jim Welch, Joann Tinnelly, John E. Jay Roueche III, Keith Li, Kenna Security, KKR & Co. Inc., L.P., LA JOLLA, Laura C. Fulton, Lee S. Eckert, LOS ANGELES, LYNKD, Maine, Mariano Balaguer, Maryland, Massachusetts, Matthew Bates, Max Ochoa, Michael Ramirez, Michele Allen, Montreal, Morten Marott, MOUNT LAUREL, N2 Biomedical, NEBRASKA, New Jersey, NEW YORK, NORWALK, OAKLAND, OMAHA, Ontario, Origin USA, PALO ALTO, PARSIPPANY, Paul Parrish, Phil McCormick, Precision Optics Corporation, Quebec, RAPT Therapeutics, REDWOOD CITY, Reed's, Repare Therapeutics, Ridgefield Park, Robert H. Lewin, ROCHESTER, ROCKVILLE, Rodney Young, Ross Tennenbaum, SAN FRANCISCO, SANTA ANA, SEATTLE, Secureworks, SOUTH SAN FRANCISCO, SparkCognition, Steve Forte, Taro Pharmaceutical Industries Ltd., Terry Murphy, Texas, The Federal Agricultural Mortgage Corporation, Thomas Spisak, Tom DiGiovanni, TORONTO, United Arab Emirates, VAN NUYS, Venture Metals International, Washington, Wayne Jackson, William, Wyndham Hotels & Resorts, Zenoss Inc.
CFO Moves – week ending November 29, 2019
Luna Innovations Incorporated Intersect ENT, Inc. Grid Dynamics International, Inc.
Hostess Brands, Inc. Airgain, Inc. HanesBrands
Segra Axcella Health Carrols Restaurant Group, Inc.
GE Fuling Global Inc. Owl Labs
Iron Mountain Incorporated DASAN Zhone Solutions, Inc. ReneSola Ltd.
Penumbra, Inc. CentralSquare Technologies
Luna Innovations Incorporated [ROANOKE, VA] (NASDAQ: LUNA) announced that Gene Nestro will join the company effective December 2, 2019 and will be named as Chief Financial Officer (CFO). Nestro will succeed current CFO Dale Messick, who has agreed to assist the company through mid-2020 to ensure a smooth transition. Nestro comes to Luna from Cree, Inc., where he held the position of Vice President, Corporate Finance. Prior to Cree, Mr. Nestro worked in senior finance positions at TE Connectivity, Arthur Anderson, LLP and Ernst & Young, LLP.
Intersect ENT, Inc. [MENLO PARK, CA] (NASDAQ: XENT) announced the appointment of Richard A. (Randy) Meier as Executive Vice President and Chief Financial Officer. Meier previously served as the Chief Financial Officer and senior executive of Owens & Minor, Inc., including as President-International and Executive Vice President and Chief Financial Officer of Owens & Minor from 2013 to 2018, and as Executive Vice President and Chief Financial Officer from 2013 to 2015. Prior to joining Owens and Minor, Meier served as Executive Vice President and Chief Financial Officer at Teleflex, Inc., from 2010 to 2012. He served as President and Chief Operating Officer of Advanced Medical Optics, Inc., from 2007 to 2009, when the company was acquired as a wholly owned subsidiary of Abbott Laboratories. Meier joined Advanced Medical Optics, as Corporate Vice President and Chief Financial Officer in 2002 and continuously served as Chief Financial Officer while simultaneously performing in a variety of finance and operations roles between 2002 and 2007. Meier also worked for ICN Pharmaceuticals Inc., now Bausch Health, from 1998 to 2002, where he served as Executive Vice President and Chief Financial Officer, and as Treasurer. Meier serves on the board of BioMarin Pharmaceuticals, Inc., where he is Lead Independent Director.
Grid Dynamics International, Inc. [SAN RAMON, CA] announced the appointment of Anil Doradla as Chief Financial Officer. Doradla most recently served as Chief Financial Officer of Airgain, Inc., from February 2018 until November 2019. Prior to Airgain, Doradla was an equity research analyst at William Blair from June 2008 through January 2018. Prior to William Blair, Doradla held a range of senior finance, strategy and technology roles with Caris and Company, Deutsche Bank AG, AT&T Labs, and LCC International.
Hostess Brands, Inc. [KANSAS CITY, MO] (NASDAQ: TWNK, TWNKW) announced that Tom Peterson, Executive Vice President and Chief Financial Officer, transitioning to the newly created role of Executive Vice President, Strategy and M&A. Brian Purcell will join the Company as Executive Vice President, Chief Financial Officer. These changes are effective January 6, 2020. Most recently Purcell served as Chief Financial Officer of Rawlings Sporting Goods. Prior to this, for nearly ten years, Mr. Purcell held both field and corporate senior and executive finance leadership roles at PepsiCo across multiple segments of its businesses, culminating in a Regional Chief Financial Officer position for a multi-billion dollar business in North America. Earlier in his career, Mr. Purcell worked in finance at Argosy Gaming Company.
Airgain, Inc. [SAN DIEGO, None] (NASDAQ: AIRG) announced that Anil Doradla, Chief Financial Officer, left the company to pursue other opportunities.
HanesBrands [WINSTON-SALEM, NC] (NYSE:HBI) announced that Chief Financial Officer Barry A. Hytinen has notified the company of his decision to leave Hanes to accept another career opportunity outside of the apparel industry. Hytinen will continue to serve as Hanes chief financial officer until the end of the fiscal year, Dec. 28, 2019.
Peter Zarrella
Segra [CHARLOTTE, NC] announced that Peter Zarrella has joined the company and will serve as its Chief Financial Officer. Zarrella served as Senior Vice President at Lightower Networks and most recently as Vice President of Finance – Fiber for Crown Castle's Fiber Division. In addition, Peter has served in accounting and finance roles at Honeywell and Serono Laboratories.
Axcella Health [CAMBRIDGE, MA] (NASDAQ: AXLA) announced that it has appointed Laurent Chardonnet as the company's Chief Financial Officer. Chardonnet joins the company following a 15-year tenure at Incyte Corporation. While at Incyte, Chardonnet served as Vice President, Treasurer and Principal Accounting Officer as well as the Head of Finance and Administration for the company's European division. Most recently he was Incyte's Vice President of Alliances. Prior to Incyte, Chardonnet served as Controller, Vice President of Finance and acting Chief Financial Officer of DrugAbuse Sciences, and as a senior consultant at PricewaterhouseCoopers. He began his career working within the finance organizations at Guerbet Biomedical and Sanofi-Aventis.
Carrols Restaurant Group, Inc. [SYRACUSE, NY] (NASDAQ: TAST) announced that it has appointed Anthony "Tony" E. Hull as the Company's Vice President, Chief Financial Officer, and Treasurer effective January 2, 2020. Tim LaLonde will continue serving as our Interim CFO until January 2, 2020 when Tony will start as CFO and will serve in a transitionary role for a period of time after January 2, 2020. Hull most recently served a Senior Advisor on corporate strategy and capital markets projects at Realogy Holdings Corp. and previously was the company's Executive Vice President, Chief Financial Officer, and Treasurer from 2006 to 2018. Previously, Hull served as Executive Vice President, Finance at Cendant Corporation from 2003 to 2005. Earlier in his career, Hull was Head of Finance, Accounting and IT at DreamWorks, LLC from 1996 to 2003; Chief Financial Officer at King World Productions, Inc. from 1994 to 1995; and Corporate Vice President, Financial Planning at Paramount Communications, Inc. from 1990 to 1994. He began his career at Morgan Stanley & Co. in the mergers and acquisitions department, where he served as Associate and later Vice President from 1984 to 1990. Hull currently sits on the Board of Directors for Landis Technologies.
Carolina Dybeck Happa
GE [BOSTON] (NYSE:GE) announced that Carolina Dybeck Happe, Chief Financial Officer and Executive Vice President of A.P. Moller-Maersk, has been named Senior Vice President and Chief Financial Officer of GE, effective in early 2020. Dybeck Happe spent 16 years at Assa Abloy, including seven as CFO. She also serves on the Boards of Directors of E.ON and Schneider Electric.
Fuling Global Inc. [WENLING, China and ALLENTOWN, PA] (NASDAQ: FORK) announced that Gilbert Lee has relinquished his position as Chief Financial Officer and will remain with Fuling Global as a consultant. Mr. Lee had been CFO since before the Company's initial public offering in 2015. The Company also announced it has named Meihong Pan as Fuling Global's interim CFO.
Owl Labs [BOSTON] announced that John Stevens has been appointed as Chief Financial Officer (CFO). Prior to joining Owl Labs, Stevens held the roles of Head of Finance at Skycatch, Consulting CFO at Brenner Group and CFO at BitYota Inc. Stevens held a nearly 15-year tenure at Yahoo! as VP of Price and Yield Management and Finance Operations.
Iron Mountain Incorporated [BOSTON] (NYSE: IRM) announced that Barry A. Hytinen has been appointed Executive Vice President and Chief Financial Officer, effective January 1, 2020. Hytinen will succeed Stuart Brown, who will be stepping down from the CFO role on December 31, 2019 to pursue other interests. Hytinen has served as HanesBrands' Chief Financial Officer since October 2017. Prior to joining HanesBrands, he served as Executive Vice President and Chief Financial Officer for Tempur Sealy International, Inc. He also served in a range of finance, corporate development, financial planning and investor relations roles at Tempur Sealy, including Corporate Development and Finance. Before joining Tempur Sealy, Hytinen served as Chief Financial Officer of Fogbreak Software. Earlier in his career, he held finance and corporate development positions at Vignette and General Electric Company.
DASAN Zhone Solutions, Inc. [OAKLAND, CA] (NASDAQ: DZSI) announced that Tom Cancro has been appointed to the position of Chief Financial Officer and Treasurer. He recently served as Controller of GE Research, General Electric's technology research and IP-licensing business unit. Prior roles include executive positions at Verizon, including Chief Financial Officer of Verizon's joint venture with AT&T and Deutsche Telekom, and an executive role in Verizon's Treasury organization. Tom also served as Chief Accounting Officer and Corporate Controller of GFI Group, Inc., and as Senior Vice President and Corporate Controller of MasTec, Inc.
ReneSola Ltd. [STAMFORD, CT] (NYSE: SOL) announced that Mr. Ke Chen was appointed to serve as Chief Financial Officer. Chen will continue to serve on the Company's Board of Directors. Mr. Xiaoliang Liang, who had served as Chief Financial Officer since June 2018, left ReneSola to pursue other opportunities. Chen He has over 13 years of experience in the global capital markets, including investing in solar industry in China. Prior to joining Shah Capital, Ke worked in the pharmaceutical and biotech industries, and was an inventor that holds four patents.
Penumbra, Inc. [ALAMEDA, CA] (NYSE: PEN) announced the appointment of Maggie Yuen as CFO of Penumbra. Lambert Shiu, who joined Penumbra in 2015 prior to the company's IPO and most recently served as VP of Finance, will be promoted to chief accounting officer. Most recently, Yuen was at Thermo Fisher Scientific, Inc. serving as Vice President, Finance of the Genetic Science Division. Prior to Thermo Fisher, Yuen held leadership positions with increasing responsibility at Mirion Technologies, and senior finance roles at Boston Scientific, Glu Mobile, and Johnson & Johnson.
CentralSquare Technologies [LAKE MARY, FL] announced the appointment of Todd Dooley as chief financial officer. Dooley joins CentralSquare from BDP International, where he served as CFO. Prior to BDP, Dooley held a leadership role at H&R Block. Additional leadership roles include senior vice president at Ceridian, and ultimately became division CFO for the U.S. business; senior finance manager at IBM; and earlier at 3M where he held roles in audit and accounting.
Filed Under: CFO, CFO Search, CFO Search Report, Chief Financial Officer, Executive Search, Fired, Hired, NASDAQ, NYSE, Private Equity, Replaced, Resigned, Retained Search, Venture Capital, Vice President Finance Tagged With: Airgain, ALAMEDA, Anil Doradla, Anthony Hull, Axcella Health, Barry Hytinen, Boston, Brian Purcell, California, CAMBRIDGE, Carolina Dybeck Happe, Carrols Restaurant Group, CentralSquare Technologies, CHARLOTTE, Connecticut, Dale Messick, DASAN Zhone Solutions, Florida, Fuling Global Inc., GE, Gene Nestro, Grid Dynamics International, HanesBrands, Hostess Brands, Inc., Intersect ENT, Iron Mountain Incorporated, John Stevens, KANSAS CITY, Lake Mary, Lambert Shiu, Laurent Chardonnet, Luna Innovations Incorporated, Maggie Yuen, Massachusetts, MENLO PARK, Missouri, NEW YORK, North Carolina, OAKLAND, Owl Labs, pa, Penumbra, Peter Zarrella, ReneSola Ltd., Richard Randy Meier, Roanoke, SAN DIEGO, SAN RAMON, Segra, STAMFORD, Stuart Brown, SYRACUSE, Tim LaLonde, Todd Dooley, Tom Cancro, Tom Peterson, Virginia, Wenling, WINSTON-SALEM
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Everyone has a past...good or bad, they are always there. They lurk and linger in the shadows, sometimes reappearing at the most inconvenient times. Gabby and Bradley thought that their pasts would remain dormant, that happiness was theirs for the taking. Still the strongest of relationships can be rocked by the ugliness from a previous life, even if it seems to be a world away. The fact remains an ugly past is never distant. It taints everything it touches, drives permanent rifts between loved ones, and sometimes can ruin everything. Gabby and Bradley must find the only way to battle the past. Forgiveness becomes a light through the darkness, a guide for the lost, and hope for the hopeless. With forgiveness comes bright, new beginnings.


text:
Herscherik (Reincarnated Prince Series) >
Chapter 3: Pocket watch, Count, and Puppet III
Soleil, King of the Greisis Kingdom, left his room while holding his son.
The inside of the castle was already bustling with the start of the morning preparation. The mornings of the officials and servants of the inner palace, and the maids were especially early. In a country where members of the royal family living all over the place, the inner palace has the highest number of aristocrats living there. As such, the workers cannot have a single moment of negligence.
On this morning, none of the workers turned around to stop the king from walking. Of course, there was no one who could stop the king. The only one who could stop the king's walk was no longer in this world: Herscherik's mother, the king's favorite mistress.
"Ara? Is my husband going to ignore his wife?"
She was the kind of woman to say that while giving a sweet smile. There were famous stories within the inner palace of how she would unreasonably pull the king away from his piles of work every day and force him to take a break. This was seen as nothing more than a selfish whim from his favorite mistress, but no one could find fault with her when they saw how it always improved the king's complexion from unwell to excited. Instead, all the workers would applaud her in secret.
Soleil suddenly recalled those memories with a bitter smile.
(I remembered such a nostalgic thing…..maybe it's because I'm with Hershe.)
The king looked at his precious child in his arms; Herscherik was at the moment burying his face in his father's shoulders and stifling his cries.
The king stroked his head to calm him down and quickened his pace.
The king continued that pace, leaving the inner palace and heading towards the stables. There, a caretaker was already fixing a saddle on a chestnut mare and stood on standby. His tactful butler, who has been with the king for such a long time, had probably sent a message.
The king's precious child had begun to calm down, so the king placed him up on the saddle first. He then gallantly straddled his beloved horse and took the reins.
"Hersche, hold on tightly so you don't fall."
Herscherik nodded and checked that his hands were firmly on the saddle. The king wrapped one arm around his son's waist and took the reins with the other.
His beloved horse had been with him as long as the butler, and it slowly started to exit the stable from the back at the same time as its passengers finished their preparations.
"I'm going to speed up a bit, ok?"
The king said as he put some strength into the arm around his son and increased the pace of his beloved horse.
When they left the back gate of the royal castle, there were no private houses around.
The reason for such was that the imperial city encompassing the royal castle was located in the southern area of the country. Further south was a large span of nature that belonged to the royal family. In that span, there were meadows, dense forests, and a tall mountain that has looked down on the Greisis Kingdom since its founding.
This place was a special land where only the king, the royal family, and those allowed by the king could enter.
The king's horse galloped to the top of a grass-covered hill where one can see the cityscape of the royal castle and imperial city in one glance. The sun had begun to rise and smoke rose up from chimneys all over the place, probably from citizens preparing their breakfast.
"This place is my favorite place. You're the second person I've brought here."
The king said as he dismounted the horse and picked Herscherik up from the horse's back.
It was the first time Herscherik rode on a horse, so his body moved up and down even more than expected and his butt was injured with each impact. If he was on the horse for another 10 minutes, he would have been crying for a totally different reason than his previous one.
The horse had no riders anymore so it walked a little bit away and started to eat the grass.
The king looked to his side, checking his beloved horse's situation. He sat on the ground while holding his son before placing him on his knee.
"Wait a bit."
The way Soleil said that was as if he was singing a song. Herscherik couldn't follow his words, but the wind blew around them, as if responding to the words. The grass around them waved like a whirlwind and at the same time the king's song ended, the wind blew outwards and left them.
Herscherik didn't understand what just happened. But he understood that something did happen.
"….The first person I brought here was your mom. What do you think your mom said when she first came here? She said, 'I'm hungry! I should have packed some food!' "
Herscherik, at first, couldn't catch up with everything that was happening, but his father smiled at him while he reminisced.
His father somewhat felt different from usual. His usual father would give a gentle smile that had a shadow somewhere and was wrapped in sorrow. However, now he had a natural smile on his face, without any shadow.
Herscherik didn't know what to say so he was silent. Therefore, the king let out a bitter laugh and looked over at the royal castle being cast over by the morning sun. Then he slowly began to tell his story. His tone seemed like he was reading a picture book out loud.
"…..A certain king, you see, is a puppet. He appeared to be honored by many people, but in truth, he is nothing more than a puppet controlled by an invisible thread."
Herscherik intentionally didn't ask who the story's king was, because he easily grasped that the king was the one right in front of him: his own father.
"The king wasn't really expected to become the king. He dreamed of researching and learning about such things as agriculture. He was constantly thinking of how he could be helpful to his father, the king, as well as his older brothers. But one day, his father and brothers passed away due to sickness, and with that, the people who would become king disappeared."
The young king of only 10 years of age didn't even know the basics of politics. The villains used the decorated king and took control of the kingdom's political situation. Even when the king became an adult, the villains continued to control the puppet king as much as they liked.
"In the beginning, the king planned to fight the villains for the sake of the country, the royal family, and the citizens…..but the villains were better."
Soleil's face completely changed from his previous smile to an expressionless one in an instant. He probably did that to avoid feeling the pain of remembering what he was going to be talking about.
"To tell you the truth, Herscherik, your eldest sibling isn't your brother, but your sister. However, she passed away when her younger brother was still inside his mother's stomach. The same disease that took away my father and brothers, also took your older sister to the Garden in Heaven."
"The same….?"
"Yes, the same one. A sickness that only affects the royal family. We don't know the cause. When I was a child, there were no previous outbreaks of this disease, so in the end, they couldn't find a cure. There was no time to treat my daughter….."
The king firmly made a fist with the hand that wasn't supporting Herscherik.
"After that child passed away, the villains said, 'That's a shame. I hope this doesn't happen to the next one'."
His expressionless face took a complete change into one of anger and bitterness. Herscherik was surprised by how his father, who only knew through gentle expressions, would reveal such negative feelings. Moreover, the contents of his story was already enough to surprise him.
If one were to just look at the surface, then those were consoling words from a retainer to the king. But, if one digs deeper, then he was saying that the same thing might occur. No, even a perceptive person could notice.
Could notice that from the shadows, someone was pulling the strings, killing the king's father, brothers, and even his first-born child.
When Hersherik noticed that detail, he was surprised. At the same time, his temperature dropped and he felt his blood drained out of him.
(There are humans who could do such a thing….)
There was no proof. But, Herscherik wouldn't even consider that his father had spout out lies. Furthermore, the story he heard before from Count Luzeria also played a big part.
The first time he met the minister, the minister had the eyes and expression that he looked down and despised people. His own intuition reflexively judged the man to be unpleasant, and it wasn't wrong.
(It's cruel, too cruel….)
Why did he do such a thing? Herscherik couldn't wrap his head around it.
In his past life, Ryouko had a niece. The first time she met her niece, she decided to unconditionally love and protect the girl. Even if she was another child, the distance between the two wouldn't change.
He couldn't think of why the minister would kill, nor did he want to think of such.
"….And then, the king stopped fighting. He decided that his family was more important than the country, and its people."
His father concluded with a weak laugh. It seemed to Herscherik that rather than laughing, his father was crying.
(That's why he decided at that moment to become a puppet.)
There was no other option left for Soleil. To protect his family, he had no choice but to listen to the minister's words.
The villain was cunning.
To prevent the king from escaping, he let the king meet his concubines so the minister could increase the number of people he could use as hostages. The princesses and young ladies who became his concubines had no idea what was happening in the background and only entered the inner palace with the hope of supporting the king. As a result, the king couldn't refuse, and the villains planned for such and chose the concubines.
The women weren't idiots either. They entered the inner palace, learned of its situation, and couldn't move either. The women became just like the king. As the king wanted to protect his family, the women wanted to protect theirs. They mutually wanted to protect each other, so they became unable to move.
With the exception of just one person.
"Herscherik, truthfully, I didn't want to be with your mother."
Just one, only one woman was different. Only she laughed at the situation and said to the puzzled Soleil.
'Does there need to be a reason for me to be with the person I love? I'll beat up those third-rate bad guys that come from some third-rate drama!'
The woman boasted and adapted into the inner palace; she supported the consorts who fell into depression as well as loving their children like her own.
She paid no mind to the taunts of the minister and aristocrats and talked down to them with her words instead. She was a noble and kind woman who was scared of nothing.
However, such a woman could not go against Heaven's will. She left her child behind and went on ahead first to the Garden in Heaven. Her only grace was that she didn't die at the hands of the villains.
"That's why, Hersche, I will protect you. I've always thought so since you were born."
(….So that's how it was.)
In his previous life, he had enjoyed many fantasy stories, manga, and games. Carrying such memories, Herscherik felt that this world was uncomfortable.
Even though he was a prince, there was only his nanny, Meria, to take care of him.
In any story, there are usually attendants, servants, employees, and maids surrounding the prince. He had originally thought that because he was the 7th prince and thus on the bottom of the list of many princes, his position was a bit difficult, so his one servant was the result of reducing labor costs. But, the king had placed Meria near his son, as she was the only nanny he could trust. If anyone else was placed near his child, he would have to be vigilant. This was a very efficient method.
Furthermore, the fact that the father goes to meet his son without any set time was to check his well-being. Even if the servants of the inner palace were bribed, and the king could go meet him at any time, then it would be difficult for them to get closer to his son. He had done this thoroughly to prevent the possibility of the aristocrats approaching his son.
Besides, the youngest prince, unlike his older siblings, had no more relatives left to support him. If the king gets threatened again and they had to use someone, the possibility that it would be Herscherik is high, especially since the risk of using him is low.
"The moment he appeared in yesterday's banquet, I thought that he could defeat the villains for me."
However, that was only a fleeting dream. He too was already a puppet, dancing on the palm of the villains' hands.
"…..Herscherik, you probably hate this selfish, disgusting king, right?"
Herscherik shook his head after thinking for a moment about those words.
(If I was in the same position as him, I think I probably would've done the same.)
He would put the protection of his precious family over those whose faces he doesn't even know.
As a king, he probably was the worst. Even Herscherik understood that.
The existence known as a king must be selfless and stand alone in superiority.
An excellent king is selfless, placing his priority on the nation and citizens over his beloved wife and children who share his own blood. He may even use his family for the sake of the country. That is his responsibility and duty as the king.
If one looks at those qualities, then Soleil was definitely a failure of a king.
But as a person, could someone call him the worst?
He killed "himself" and endured humiliation for the sake of those precious to him. If it was a normal family, then no one could find fault in him.
However, he was the king.
He continues to bear the responsibility of a throne that he didn't want, even to this day. There's no doubt that this father was too kind, suffering every day and night under this responsibility.
To Herscherik, his father looked like a very kind and splendid person. But to the citizens, he probably looked like a very feeble king.
Herscherik just realized it now, for his father's clothes were the same one he wore for yesterday's banquet. He probably sat in front of the fireplace, unable to sleep all night as he thought about his troubles. He was most likely wondering what he could possibly do to save everyone.
"….In that case, the king just needs to defeat the villains, right?"
Just send the puppeteer to the gallows. The one who can do that is the king who holds that power. Hercherik knew that this was the wrong answer to his father's question, but he couldn't help but ask.
The father gave a sad smile and stroked his youngest son's head.
"The one who will do such a thing isn't a king, but a dictator. I would rather be called a feeble king than a dictator…..I don't want to be the same as them. I really am a no-good king, you know."
But that was his only pride Soleil had as a person, and as a king.
Although he was following what they told him, it's not like he followed everything. Even if he was a king that was looked down upon.
Even while he was at his wit's end, he continued to walk this tightrope to protect the citizens from the minister and his faction, even for a little. That was all Soleil could do.
As his father calmly told his story, Herscherik didn't move, as if time itself had stopped.
King and dictator.
There were parts where the two resembled each other, but there was also a wall that needed to be crossed over. For a dictator, even if he was to use his power and execute the puppet master without any proof, another one would be born. If he forcibly used his power just once, the same thing will just occur again. And then he will have to use his power again. His unrestrained power would no longer become efficient and this will cause the country to decay, inviting demise to befall. There were plenty of countries that had disappeared like that in his past life's world.
Herscherik could understand. But he couldn't agree.
"But…..that's!"
(He'll will die!)
Herscherik tried to stop his tears, but they overflowed. Helplessness engulfed Herscherik—the reality that his father had on the largest shackles and his own reality where he couldn't do anything no matter how much he thought about it.
Herscherik jumped into his father's chest. He couldn't help but cry, feeling very pitiful and helpless.
The beloved horse looked at the parent and child from afar.
Anonymous · Aug 2, 2020
I wish mc would have acted more mature than his/her age. It adds more spice to the plot.
Thank you for the chapter~
Anonymous · Oct 12, 2019
Umm, as much as I enjoy the cuteness, I have to disagree with all that king vs dictator speech. Every leader good or bad has to make tough choices, that doesn't mean they are automatically a dictator, never mind how a king in medieval times was equivalent to God in those days. There would be nothing strange if a reigning royal ordered people or even nobility to the guillotine for the flimsiest excuse, the power imbalance was very serious between even the strongest nobles and the King. And yes, many of them got away with it, so long as they weren't completely incompetent in their duties. Thanks for the chapter and sorry for the mini rant, its a casual novel not a historical textbook so its all good ;)
Anonymous · Sep 25, 2019
Is the horse important as something more than a beast of burden?? Why did it have so much screen time? And just how beloved is it thatit must be reiterated as such so many times?
Caelum · Translator · Oct 12, 2019
I don't think it's anything special. The author has a habit of using all the same descriptions for the object/person every time they're mentioned. That's why later on, I address the "beautiful, old, silver pocket watch" as just the "pocket watch" now since even my editor was getting sick of the whole description
Chibi · May 19, 2019
My eyes!!!!
No wonder that the 1° book is named the kingdom of sorrow
Sakuya · Jun 7, 2018
Thanks for the chapter n.n
Vannie · May 19, 2018
Let's cut off those strings!!!
Anonymous · Feb 24, 2018
Thanks for update, Sky(?) Well, Caelum in French means Sky or Heavens right?
Jr · Feb 23, 2018
rururururururu
Min · Feb 23, 2018
so sad so so sad i want that child to just take over and beat the villians and let his dad be a good king!! Ty for the chapter

redpajama_set_name: RedPajamaCommonCrawl


text:
St. Paul Cathedral
View of Fifth Avenue from the corner of Dithridge Street showing Webster Hall and St. Paul Cathedral. The steps to Mellon Institute are visible on the right.
Streets--Pennsylvania--Pittsburgh.; Motor vehicles--Pennsylvania--Pittsburgh.; Pedestrians--Pennsylvania--Pittsburgh.; Church buildings--Pennsylvania--Pittsburgh.; Webster Hall (Pittsburgh, Pa.).; St. Paul Cathedral (Pittsburgh, Pa.).; Mellon Institute.; Fifth Avenue (Pittsburgh, Pa.).; Oakland (Pittsburgh, Pa.).
Dairy Farmers in Parade
Michael almost 11 years ago Show
sarah about 11 years ago Show
This is not quite mapped right. It should be at corner of Bellefield and Fifth, looking up Fifth Avenue towards the Cathedral. But I am new so I don't know how to fix it.
sarah about 11 years ago
You're right -- Looks like I fixed it. I just clicked the "Tag this photo" link between the old and new photographs.
Michael almost 11 years ago
It's not as fun to look at with the light pole in the way, but this should be a more accurate vantage.


Beginning with Rosh Hashana 5775, the Jewish People will have the privilege of observing the commandment of Shemita, the Sabbatical year. Observing this mitzva has always been a challenge for the Jewish People, and as a result sometimes Jews unfortunately view it as a burden. Nevertheless, I believe that meeting this challenge is a unique privilege, one that is available to us only once every seven years, and only in the Land of Israel. Below are some resources to help you understand more about this great opportunity.
I've written this short booklet in order to help make the laws and concepts of Shemita more understandable and accessible to the English-speaking public. It's my hope that by investing a few minutes to read about and understand the various options available, the reader will not only be able to ask informed halachic questions and understand what he or she is buying and eating, but will also be inspired by the great opportunities modern Shemita observance provides.
During the course of the Shemita year, I am running customized group tours exploring different aspects of Shemita.
For more information, or to book a tour, contact me here.
Otzar Ha'aretz – a wonderful organization enabling us to obtain fruits and vegetables grown by Israeli Jewish farmers who follow the laws of Shemita, and without reliance on Heter Mechira (see The Kosher Consumer's Guide to Shemita for explanation). The Hebrew section of the website contains a list of local branches where this produce is available.
The above website contains charts that list dates at which various fruits and vegetables on the market will begin to have kedushat shvi'it and/or issur sfichin (see The Kosher Consumer's Guide for explanation of these terms). An English translation of these charts (courtesy of the OU's Torah Tidbits publication) accurate as of Elul 5774, is available here, beginning on page 65.
Hirhurei Shemita, a very important Hebrew-language article written by my esteemed teacher Rabbi Aharon Lichtenstein zt"l, in 1972, prior to his first Shemita after immigrating to Israel. He laments our contemporary need to employ various halachic loopholes to avoid completely observing the mitzvah. Food for thought whether we have moved any closer to the ideal in the 42 years since the article was written.
Your book doesn't seem to deal with the home garden. Do you have guidelines on that?